In every business, there comes a time when extra financial resources may be needed. This discretionary revolving line is designed to provide licensed businesses in the USVI and BVI, the ability to meet seasonal and short-term financing with ease and convenience.
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Business tax returns for the last 2 years or financial statements prepared by a CPA3
Interim financial statements (if the latest statement is more than 6 months old)
Personal financial statement that is recent, as of the date of origination
Corporate documents, as applicable, depending on the legal entity
Other documents may be requested, as required
Projected income and expenses for 3 years (if the business has been established for less than 2 years)
Small Business Banking for credit facilities up to $1 million
Commercial Banking for credit facilities over $1 million
LEGAL USVI
Member FDIC for USVI and Puerto Rico only. Subject to credit approval. Additional charges may apply. FirstBank Virgin Islands is a division of FirstBank Puerto Rico.
LEGAL BVI
Subject to credit approval. Additional charges may apply. FirstBank British Virgin Islands is a division of FirstBank Puerto Rico.